karenmiller
Level 1
01-30-2021
12:06 PM
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I have client who withdraw $60,000 from his IRA. He is retired - wants to spread the taxes over 3 years per the CARES act. Did not have COVID and is retired. Does he qualify to do this?
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qbteachmt
Level 15
01-30-2021
12:40 PM
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"Does he qualify to do this?"
Have you read the rules and provisions?
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qbteachmt
Level 15
01-30-2021
12:41 PM
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You should refer to the IRS:
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Don't yell at us; we're volunteers
Don't yell at us; we're volunteers